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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Lynn at 11 Manning Rd, Lynn, MA, 01902 priced at $569,900 converts $4,490/mo rent into $898/mo cash flow after a $2,789/mo obligation. Total monthly income equals $4,490/mo, and annual cash flow totals $10,781/yr on $187,497 invested. Return on cash invested prints 25.81% in year one, and rental yield reads 9.45% against a $569,900 entry. Equity gained on principal adds $3,677/yr, while 5% annual appreciation compiles into $157,453 by year five. Five-year ROI reaches 134.61% and total cumulative return in cash sums $252,390. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,490/mo property income covering a $2,789/mo payment, not borrower’s personal income.
Single Family
Built in 1925
5,924 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 01902, Lynn, MA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,641 (100%) |
| Owner Occupied HU | 6,677 (35.8%) |
| Renter Occupied HU | 11,217 (60.2%) |
| Vacant Housing Units | 747 ( 4.0%) |
| Median Home Value | $573,740 |
| Average Home Value | $603,931 |
Residential
16,787
Single Family
10,520
Multi-Family
6,267
Businesses
505
Date | Event | Price |
|---|---|---|
| 2025-04-02 | Listed for sale | $569,900 |
| 2017-05-26 | Sold | $353,700 |
| 2017-04-11 | Pending sale | $329,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-03 | $5526.00 | 3.79% | $524,800 | 9.91% |
| 2023-04-03 | $5324.00 | N/A | $477,500 | N/A |
| 2022-04-03 | $5324.00 | 3.44% | $477,500 | 20.89% |
Listed by: Janice Kostopoulos • Coldwell Banker Realty - Marblehead
Mls Name: MLS PIN
Mls ID: #73353594
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
